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Petco Health and Wellness Co (Petco Health and Wellness Co) ROE %

: -7.60% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Petco Health and Wellness Co's annualized net income for the quarter that ended in Jan. 2024 was $-90 Mil. Petco Health and Wellness Co's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $1,189 Mil. Therefore, Petco Health and Wellness Co's annualized ROE % for the quarter that ended in Jan. 2024 was -7.60%.

The historical rank and industry rank for Petco Health and Wellness Co's ROE % or its related term are showing as below:

WOOF' s ROE % Range Over the Past 10 Years
Min: -71.8   Med: -8.95   Max: 7.57
Current: -66.85

During the past 6 years, Petco Health and Wellness Co's highest ROE % was 7.57%. The lowest was -71.80%. And the median was -8.95%.

WOOF's ROE % is ranked worse than
95.12% of 1085 companies
in the Retail - Cyclical industry
Industry Median: 6.02 vs WOOF: -66.85

Petco Health and Wellness Co ROE % Historical Data

The historical data trend for Petco Health and Wellness Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Petco Health and Wellness Co Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Premium Member Only -15.88 -2.01 7.57 3.90 -71.80

Petco Health and Wellness Co Quarterly Data
Jan19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.56 -0.32 -2.43 -275.23 -7.60

Competitive Comparison

For the Specialty Retail subindustry, Petco Health and Wellness Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Petco Health and Wellness Co ROE % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Petco Health and Wellness Co's ROE % distribution charts can be found below:

* The bar in red indicates where Petco Health and Wellness Co's ROE % falls into.



Petco Health and Wellness Co ROE % Calculation

Petco Health and Wellness Co's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=-1280.21/( (2381.477+1184.429)/ 2 )
=-1280.21/1782.953
=-71.80 %

Petco Health and Wellness Co's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=-90.3/( (1192.854+1184.429)/ 2 )
=-90.3/1188.6415
=-7.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


Petco Health and Wellness Co  (NAS:WOOF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-90.3/1188.6415
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-90.3 / 6697.904)*(6697.904 / 5394.8565)*(5394.8565 / 1188.6415)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.35 %*1.2415*4.5387
=ROA %*Equity Multiplier
=-1.68 %*4.5387
=-7.60 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-90.3/1188.6415
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-90.3 / -156.664) * (-156.664 / 0.664) * (0.664 / 6697.904) * (6697.904 / 5394.8565) * (5394.8565 / 1188.6415)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5764 * -235.9398 * 0.01 % * 1.2415 * 4.5387
=-7.60 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Petco Health and Wellness Co ROE % Related Terms

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Petco Health and Wellness Co (Petco Health and Wellness Co) Business Description

Traded in Other Exchanges
Address
10850 Via Frontera, San Diego, CA, USA, 92127
Petco Health and Wellness Co Inc offer pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.
Executives
Gary S Briggs director 117 ADAMS STREET, C/O ETSY, BROOKLYN NY 11201
Giovanni Insana officer: See Remarks 10850 VIA FRONTERA, SAN DIEGO CA 92127
Iris Yen director 10850 VIA FRONTERA, SAN DIEGO CA 92127
David Lubek director 10850 VIA FRONTERA, SAN DIEGO CA 92127
Ron Coughlin director, officer: Chief Executive Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Justin Tichy officer: Chief Stores Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Jason Heffelfinger officer: Chief Services Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Amy College officer: Chief Merchandising Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Michael Nuzzo officer: EVP, CFO & COO 6301 FITCH PATH, NEW ALBANY OH 43054
Brian Larose officer: Chief Financial Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Katherine Nauman officer: Chief Marketing Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Cvc Pet Lp 10 percent owner ONE MARITIME PLAZA, 16TH FLOOR, 300 CLAY STREET, SAN FRANCISCO CA 94111
Scooby Aggregator, Lp 10 percent owner ONE MARITIME PLAZA, 16TH FLOOR, 300 CLAY STREET, SAN FRANCISCO CA 94111
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502